Here in public sector accounting guide, we will consider th international public sector accounting standards (IPSASs) to know what is IPSAS, Composition of the IPSASB, Objective of the IPSASB, Scope of the IPSASs, Nature of the IPSASs, Benefits of adopting ...
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Commitment basis of public sector accounting

There are about 6 (six) bases of public sector accounting as compare to only 3 (three) bases of accounting in financial accounting. But in this particular public sector accounting guide we will consider the Commitment basis of public sector accounting. ...
Advantages and Disadvantages of cash basis in public sector accounting

There are about 6 (six) bases of public sector accounting as compare to only 3 (three) bases of accounting in financial accounting. Advantages and Disadvantages of cash basis in public sector accounting But in this particular public sector accounting guide ...
Disadvantages of accrual basis accounting in public sector

There are about 6 (six) bases of public sector accounting as compare to only 3 (three) bases of accounting in financial accounting. Disadvantages of accrual basis accounting in public sector But in this particular public sector accounting guide we will ...
Advantages of accrual basis accounting in public sector

There are about 6 (six) bases of public sector accounting as compare to only 3 (three) bases of accounting in financial accounting. Advantages of accrual basis accounting in public sector But in this particular public sector accounting guide we will ...
WHAT IS THE BASIS OF GOVERNMENT ACCOUNTING?

MEANING OF PUBLIC SECTOR ACCOUNTING BASIS These are the main fundamental assumptions that underpin financial statement preparation in the public sector. It refers to the order in which revenues, expenditures, and transfers are recognized in the accounts and presented in ...
WHAT ARE THE LEGAL BASIS OF PUBLIC SECTOR ACCOUNTING

Hello Dear reader! You are welcome to public sector accounting guide. Every economic system are made up of both the public and private sectors while the private sector is owned and managed by individuals and corporate entities not under the ...
WHAT IS VIREMENT IN PUBLIC SECTOR ACCOUNTING

Virement in public sector accounting means the reallocation of funds within the budget of a covered entity, from one budget line to another budget line. WHAT IS VIREMENT IN PUBLIC SECTOR ACCOUNTING Virement is the process of moving money from ...
WHAT IS THE ROLE OF PUBLIC PROCUREMENT IN KENYA

What is the role of public procurement in Kenya is our next public sector accounting topic we are going to discuss? PUBLIC PROCUREMENT IN KENYA The Public Procurement and Asset Disposal Act 2015 was passed by Parliament in 2015, with ...
OBJECTIVES OF PUBLIC SECTOR ACCOUNTING

Objectives of public sector accounting or goal and or purpose of public sector accounting is what we going to discuss in this topic, so if you are a student and want to know the main objectives of public sector then ...